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T he promise of South-East Asia has long been obvious to venture capitalists. Its young and growing population of 700m is ...
Indonesia's biggest tech firm PT GoTo Gojek Tokopedia forecast a sharp increase in its underlying earnings for 2025 on Wednesday, and also posted its first ever full-year underlying profit ...
JAKARTA (Reuters) -Indonesian tech firm GoTo Gojek Tokopedia said in a statement late on Friday that it respects the ongoing legal process and will be supportive of any efforts to uphold the law. GoTo ...
But GoTo (No. 266) remains formidable in Indonesia, the region’s largest market—so much so that the rumor mill is spinning with talk of Grab seeking to buy some, or nearly all, of its chief ...
As reported by Reuters, GoTo netted $1.1 billion and a valuation of $31.6 billion, making it one of Indonesia’s most valuable listed companies along with blue chips like Bank Central Asia and ...
[JAKARTA] Singapore’s Grab and Indonesia’s tech behemoth GoTo have denied reports of merger talks, but the speculation alone has reignited deeper anxieties over consolidation in Indonesia’s digital ...
GoTo has a current market value of about $32bn, making it Indonesia’s third most valuable listed company. Among its investors are giants including Alibaba, Google and Japan’s SoftBank Group.
[MUMBAI, HONG KONG] Singaporean ride and delivery firm Grab Holdings is in talks to raise a loan of as much as US$2 billion to back its potential takeover of Indonesia-based rival GoTo Group, ...
GoTo, Indonesia's biggest tech company, hit a milestone in the most recent quarter, achieving its first-ever positive earnings before interest, taxes, depreciation and amortization (EBITDA). The ...
ByteDance's TikTok wants to do more business in Indonesia -- Southeast Asia's biggest e-commerce market. TikTok is putting up $1.5 billion in a new joint venture that will bring Tokopedia, the e ...
SINGAPORE/JAKARTA — Indonesia’s biggest tech firm GoTo Group is testing investors’ appetite with a public offering that is set to raise up to 17.992 trillion rupiah ($1.3 billion) this month, marking ...
GoTo, Indonesia’s onetime tech darling, banks on fintech to give its superapp a second life. Lionel Lim . Mon, Jun 16, 2025, 7:00 PM 11 min read.